Mohit Gulati, an early-stage investor with experience of investing in the e-commerce and delivery segments, shares his take on what the food delivery and quick commerce sectors are going through, in a freewheeling interview.
The restaurant that you are ordering from has to be within a 10km radius for the delivery to be free, and the order should be at least worth Rs 149, Swiggy said in a statement.
Several factors threaten the Indian start-ups story. Layoffs, suspension of operations and other tough measures are now being witnessed. Founders will have to brace for impact, and weather the storm for the next 12 to 18 months.